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HomeMy WebLinkAboutResolution SEDA2021-03 10/25/2021SPRINGFIELD ECONOMIC DEVELOPMENT AGENCY (SEDA) RESOLUTION NO. ___________ A RESOLUTION AMENDING THE DOWNTOWN URBAN RENEWAL PLAN FOR REAL PROPERTY ACQUISITION WHEREAS, the Downtown Urban Renewal Plan was approved by voters on November 6, 2007 and accepted by the Springfield City Council by Ordinance 6210 (adopted November 26, 2007); WHEREAS, The Downtown Urban Renewal Plan authorizes SEDA to acquire real property sections 600.C, 700, 800 and 900 of the Plan; WHEREAS, Section 700.A.1 of the Plan requires City Council ratification as well as SEDA approval, both as described in Section 900.C of the Plan, for SEDA acquisition for assembling land for development by the public or private sector; WHEREAS, Section 700.C of the Plan requires that properties to be acquired be identified in the Plan and a map exhibit, attached and incorporated to the resolution as Exhibit A, showing the properties be shown as an official part of the Plan; WHEREAS, SEDA has acquired land in three different locations in downtown that is anticipated to be used for development by the public or private sector as shown on Exhibit A, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF SEDA, AN URBAN RENEWAL AGENCY OF THE CITY OF SPRINGFIELD, AS FOLLOWS: Section 1: Section 700.C of the Downtown Urban Renewal Plan is amended to show that the following properties are identified in the Plan for acquisition: A.17-03-35-32-04500 B.17-03-35-32-04900 C.17-03-35-32-05000 D.17-03-35-32-05100 E.17-03-35-42-04600 Section 2: A map exhibit of the properties listed in Section 1 of this Resolution will be added to Part Two of the Downtown Urban Renewal Plan. Section 3: This Resolution will take effect immediately upon adoption. ADOPTED by the Board of Directors of SEDA, an Urban Renewal Agency of the City of Springfield this ___ day of ___________________, 2021, by a vote of _____ for and ____ against. _________________________________ Marilee Woodrow, Chair ATTEST: __________________________ City Recorder SEDA2021-03 No. Resolution